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12905 Palm Street, 
Garden Grove, CA 92840

$3,300,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Keaton Quaack

Lyon Stahl Investment Real Estate, Inc.

Last updated:

June 12, 2025, 01:56 PM

MLS#

SB25122939

Source:

SANDICOR

About This Home

12905 Palm Street

We are pleased to exclusively offer for sale this 12 Unit Multi-Family investment located in the strong rental market of Garden Grove. This offering is comprised of (2) adjacent parcels totaling 14,693 square feet positioned next to both the 22 and 5 freeways providing access to the entirety of Orange County and the entertainment and employment opportunities therein. In addition to the buildings excellent location, it has an outstanding unit mix consisting of (12) 1 Bed/1 Bath units. Further, the property been meticulously taken care of with many of the major electric and plumbing systems upgraded. Furthermore, the property offers ample parking with multiple carport and designated spaces. As it stands, the offering presents strong day one income with a current CAP Rate of 5.60% as well as a GRM of 11.65 and future upside with a pro forma CAP Rate of 7.03% and GRM of 9.92. Along these lines, the property features onsite washers and dryers bringing in extra $333 a month providing investors with a healthy stream of additional cash flow subject to occupancy. Investors also have the unique opportunity to capitalize on the adjacent lots to build ADUs and generate additional income upon acquisition. All in all, the buildings close proximity to Orange Countys top destinations and major employment hubs including Disneyland, the Anaheim Convention Center, Angel Stadium, and the Honda Center further drives future rental demand. This provides much optimism for continued rent growth and appreciation within the submarket in both the near and distant future, as housing demand and economic

Home Facts

Multi-Family

Price Summary

3,300,000

MLS #:

SB25122939

Last Updated:

June 12, 2025, 01:56 PM

Added:

11 day(s) ago


Lot

Lot Size (Sq. Ft):

14,693


Finances & Disclosures

Finances

Price:

$3,300,000

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.